3D tour
$10,000 Closing Credit¹
Jonathan M Barker, Listing Office: Keller Williams Realty Delmarva
$10,000
closing credit¹
2 48th St Unit 214 Ocean City, MD 21842
$1,199,000 List price
$10,000
Closing credit¹
3 beds
3 full
1,790 sqft
$670 / sqft
Condo
Property details
About 2 48th St Unit 214
Step into a world of coastal luxury with this stunning 3-bedroom, 3-bathroom residence at The Gateway Grand, Ocean City's premier oceanfront condominium. Offering breathtaking ocean views from your private balcony, this home features an open and spacious floor plan with soaring 9-foot ceilings, complemented by crown molding in the dining area and master bedroom. The Gateway Grand is an amenity-rich building designed to enhance your lifestyle. Enjoy unparalleled convenience and relaxation with both indoor and outdoor pools, a resort-style fitness center overlooking the Atlantic, and a kid's club room packed with video games and board games. The building also offers climate-controlled beach storage, multiple owner's lounges, and on-site management, maintenance, and security for peace of mind. Residence 402 includes access to two parking spaces in the controlled-access garage, now featuring seven electric car chargers. Additionally, individual indoor storage areas for beach gear like chairs and umbrellas make it easy to enjoy the beach without the hassle. Convenient outdoor showers keep you fresh after a day by the water. Whether you're looking to relax or stay active, The Gateway Grand offers it all. The fitness center is equipped with the latest strength equipment, exercise bikes, elliptical machines, and treadmills, all featuring individual flat-panel televisions. Socialize at The Gateway Club Lounge, complete with a full bar and flat-panel TV. This fully furnished, coastal luxury unit offers great rental potential, making it the perfect investment for those seeking both a vacation home and income-generating property. Oceanfront living is truly grand at The Gateway Grand. Don't miss the opportunity to make Residence 402 your new beach retreat!
Highlights
Home typeCondominium
HeatingCentral
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air, Ceiling Fan(s)
Size1,790 sqft
Year built2008
ParkingInside Access,Covered Parking, Electric Vehicle Charging Station(s),Handicap Parking,Lighted Parking,Paved Parking,Secure Parking,Surface,Unassigned, Parking Garage
MLS #MDWO2027534
Garage2 spaces
ViewOcean, Bay
Summary
- MLS Number: MDWO2027534
- MLS Name: BRIGHT
- Office Name: Coldwell Banker Realty
- Office Phone: (443) 856-2211
- Listing Agent: Anna Spann
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/30/2025, 4:25:18 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,199,000
2 48th St Unit 214
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 05, 2022 | Home Sold | $925,000 |
| Mar 31, 2014 | Home Sold | $622,000 |
| Jun 15, 2009 | Home Sold | $1,199,800 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $600,667 | $8,267 |
| 2023 | $586,500 | $8,267 |
| 2022 | $586,500 | $8,287 |
| 2021 | $586,500 | $8,287 |
| 2020 | $586,500 | $8,286 |
| 2019 | $586,500 | $8,343 |
| 2018 | $586,500 | $8,284 |
| 2017 | $612,000 | $8,645 |
History based on county public records data.
Nearby schools
10
Ocean City Elementary School
Public District PK-4
2.7 mi
•12828 Center Dr
9
Showell Elementary School
Public District PK-3
6.7 mi
•11318 Showell School Rd
5
Berlin Intermediate School
Public District 4-6
8.2 mi
•309 Franklin Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $44,474. The most common annual income of people living in Ocean City, MD is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
34%
<35k
43%
35k-100k
17%
100k-200k
6%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
63%
Single, No Kids
6%
Single, with Kids
28%
Married, No Kids
3%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
4%
<11 yrs old
3%
12-17 yrs old
17%
18-34 yrs old
43%
35-64 yrs old
33%
65+ yrs old
What do the neighbors do for fun?
PGA/LPGA
Figure Skating
Skiing/snowboarding
Where do the neighbors shop?
Stein Mart
Kmart
BJs Wholesale Club
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
Panera
What do the neighbors drive?
Lexus
Buick
Infiniti
What do the neighbors listen to?
Oldies
Adult Hits
News/Talk/Information
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Ocean City, MD
About 2 48th St Unit 214
This home is located at 2 48th St Unit 214 in Ocean City, MD and zip code 21842. This 1,790 square foot home was built in 2008. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since December 21, 2024 and is currently priced at $1,199,000.
Over 8 listings were sold over their listed price in December 2024 in Ocean City, MD. In the same period over 54 listings were sold below the listed price and 16 listings were sold for the listed price. The number of listings in Ocean City, MD decreased by 5.3% between November and December 2024. In December 2024, listings were on the market for 67 days. During the same period, the median list price in this real estate market was $449,722.
From Rocket Homes Real Estate and based on county public records data.